Card Factory recruits advisers

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The Card Factory, the high street retailer started by a husband and wife duo in 1997, has appointed UBS and Morgan Stanley to help float the company. The business, which is owned by buyout firm Charterhouse, could be floated in London next year with a price tag of up to £1bn. The company was started in Wakefield by Janet and Dean Hoyle in 1997. Other retailers like DFS and Poundland are also hoping to float soon.